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2.21 AC
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The Lot

This 2.21 acre (96,267 square feet), comprehensive development site is situated within the North Gateway Urban Village Plan within the City' s Official Community Plan. The future developer is not tied to the current design, however, the design principles and policies adopted by the City have all been achieved with the design as shown. Live/work townhouses (7) front onto Riverside to provide a commercial component for this mixed use area, while providing an active commercial streetfront along the major street leading to the beach, as outlined in the North Gateway Urban Village Plan. In addition, the City has granted a density increase going from 2.0 FSR up to 2.5 FSR when the development provides (at occupancy permit) a 13,000 sf publicly dedicated and landscaped greeenway along the south edge of the property, with an additional 4000 sf of non-dedicated public open space adjacent. City approved 218 unit redevelopment project located at the western entry of the City of Penticton. The property is surrounded by the Penticton Golf Course, the Penticton river channel, a new shopping centre and low rise residential housing. The property location provides excellent proximity to the beaches, river greenway, parks and recreational amenities. Adjacent bus service and nearby downtown services and shops are a few more conveniences the property location boasts. Direct access to the highway 97 provides quick (40 minute drive) access to the City of Kelowna and access to the Coquihalla Highway via the Okanagan Connector.

Property TypeLand
Building Size96,268 ft²
Lot Size2.21 AC
ZoningCD (Comprehinsive Development)

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